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You notice that price of bananas increases by 10%.
a) Does this mean that CPI increases by 10%? Explain why/why not.
b) Assume wages are your only source of income. How will this increase in price affect you?
If the united states had negative net exports last year then it
He is going to travel the world this summer and won't be working. How much must be set aside in his savings account for the 3-month summer to cover his rent for next year? The savings account earns 3% with monthly compounding.
A person starts her own business after quitting her job in which she made $75,000 a year. Expenses include $100,000 for wages and salaries, $15,000 for utilities, $150,000 for materials and supplies, and $5000 for gasoline. She uses her car in her wo..
Suppose that currency in circulation is $500 billion, the amount of checkable deposits is $1,000 billion, excess reserves are $150 billion, and the required reserve ratio on checkable deposits is 10%. Calculate the money supply, the monetary base, th..
Suppose that Congress and the President are concerned that some individuals die without making adequate plans to financially provide for their families after their death. What are the likely effects on employee well-being of this mandate?
If the demand for money depends positively on real income and depends inversely on the nominal interest rate, what will happen to the price level today, if the central bank announces (and people believe) that it will decrease the money growth rate in..
The cobweb model suggests that employment cycles are most likely to occur in those labor markets in which:
bavarian crystal works designs moreover manufactures lead crystal wine decanters for export to international
At what level of output will this firm maximize profit. Elucidate what is the level of profit for every unit of output produced at equilibrium.
Analyze the societal views towards women in India. What is India policy toward gender equality? If available, you can also comment on policies regarding homosexuality and transgender.
Broadway Inc. is considering a new musical. The initial investment required is $880,000. Every year, the free cash flow from the project is expected to be $80,000, continuing forever. What is the true NPV of the project if the company can abandon th..
Public interest theory and public choice theory mean the same thing. The “keep the money at home” protectionist argument holds that US dollars should not be allowed to circulate overseas. One of the major discussions about health care is the rising s..
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